I don't think anyone can condone the massive pension payout Sir Fred Goodwin granted himself following his retirement from RBS, despite leaving the bank on the verge of collapse following his perceived mismanagement of the bank.
Hopefully the Government will do the right thing and dramatically reduce his yearly pension to something more reasonable following his cock-ups. I also find myself actually agreeing with Harriet Harman, so it must be something pretty outrageous.
good blogging
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